Ovintiv employees, other producers rally against Texas production cuts [Yahoo! Finance News]
Ovintiv Inc. (DE) (OVV)
Last ovintiv inc. (de) earnings: 2/19 08:54 pm
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Source: Yahoo! Finance News
By Liz HamptonApril 7 ) - More than two dozen employees of Denver-based shale producer Ovintiv Inc sent form letters this week to Texas energy regulators opposing any state-mandated oil production cuts in the face of plunging energy prices.The state's Railroad Commission, which has the authority to mandate production curbs in the state, will consider next week a proposal to require larger oil producers to cut output by 20% beginning May 1.The proposal was submitted by shale producers Parsley Energy Inc and Pioneer Natural Resources Co, and backed by Commissioner Ryan Sitton, as a way to curb a free fall in crude oil prices.The state's two other commissioners took to Twitter last week to distance themselves from Sitton's advocacy, saying they had not yet made up their minds. Passage requires two of three to agree on curbs, which would be the first by the state in nearly 50 years.Ovintiv, formerly known as Encana, has core operations in Canada, Oklahoma and Texas. Some 30 employees, ran
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News
- Ovintiv Inc. (NYSE: OVV) had its price target raised by analysts at Morgan Stanley from $49.00 to $53.00. They now have an "equal weight" rating on the stock.MarketBeat
- Ovintiv Inc. (NYSE: OVV) had its price target raised by analysts at Jefferies Financial Group Inc. from $59.00 to $69.00. They now have a "buy" rating on the stock.MarketBeat
- Ovintiv Inc. (NYSE: OVV) had its price target raised by analysts at UBS Group AG from $62.00 to $69.00. They now have a "buy" rating on the stock.MarketBeat
- Are Robust Financials Driving The Recent Rally In Ovintiv Inc.'s (NYSE:OVV) Stock? [Yahoo! Finance]Yahoo! Finance
- Ovintiv Inc. (NYSE: OVV) is now covered by analysts at Barclays PLC. They set an "overweight" rating and a $69.00 price target on the stock.MarketBeat
OVV
Earnings
- 2/27/24 - Beat
OVV
Sec Filings
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- OVV's page on the SEC website